Export Development Canada Annual Report 2022

EDC 2022 Integrated Annual Report

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Export Development Canada (EDC) is working to build back Canada’s share of international trade by supporting and accelerating the success of Canadian companies. In the second year of our 2030 strategy, we moved to put customers at the heart of our organization and drive trade growth with sustainable and inclusive financial solutions and products. With our partners, we will make Canada better through trade. Our 2022 Integrated Annual Report describes our progress.

26,922

customers served

$133.4 billion

in exports, foreign investment and trade development activities supported

$8.8 billion

in business facilitated in the cleantech sector, up 40% from 2021

Building a stronger and more sustainable economic future for Canadians

By 2030, EDC aims to help Canada regain its standing as a leader in international trade. This year’s integrated annual report focuses on progress toward our 2030 vision.

Split-screen image group of people having a meeting around a table (left) and a young Asian businesswoman looking ahead with a smile, holding a smartphone (right).

Performance

Through global disruptions—the ongoing pandemic, geopolitical conflict, catastrophic climate events—EDC helped companies explore new markets, innovate, take risks and grow their exports.

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Split-screen image of a woman collecting boxes at the bottom of a sorting chute and pushing them along an extendable conveyor belt towards a truck loading dock for delivery (left) and boxes on a conveyer belt (right).

Accelerating success

As we move to position customers at the heart of our organization, we continue to evolve our solutions and services to better meet their needs.

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Split-screen image of an assembly line of robots welding a car body (left) and an engineer operating a robotic arm (right).

Economy of the future

We prioritize key sectors and markets that offer the best potential for long-term, sustainable growth to help make the Canadian economy better through trade.

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Split-screen image of a female agronomist working in a greenhouse using digital tablet (left) and a woman shopping for fresh organic fruits and vegetables in a supermarket (right).

Embedding ESG

We believe that success—for EDC and our customers—is fundamentally tied to the growing imperative of environmental, social and governance performance.

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Performance

Through global disruptions—the ongoing pandemic, geopolitical conflict, catastrophic climate events—EDC helped companies explore new markets, innovate, take risks and grow their exports.

Learn more

Accelerating success

As we move to position customers at the heart of our organization, we continue to evolve our solutions and services to better meet their needs.

Learn more

Economy of the future

We prioritize key sectors and markets that offer the best potential for long-term, sustainable growth to help make the Canadian economy better through trade.

Learn more

Embedding ESG

We believe that success—for EDC and our customers—is fundamentally tied to the growing imperative of environmental, social and governance performance.

Learn more

Message from the Interim Chair

Since 1944, EDC has been a powerful tool for the advancement of Canada’s international trade agenda, responding to change with change.

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Message from the President and CEO

We are here to help Canadian exporters find global success in the most uncertain of global times.

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Q&A with the Chief Sustainability Officer

Shifting to a more sustainable, equitable economy requires significant capital and a clear risk appetite, and EDC has both.

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Better for all Canadians

Our work ultimately helps create a stronger, more equitable and sustainable economy. The impacts of this work are greater trade diversification, and support for Canadian jobs and the transition to a low-carbon economy. This builds a better future for all Canadians.

Success stories

Al Balisky, president and CEO of Meadow Lake Tribal Industrial Investments, inspects stacks of finished lumber products.

Sawmill kept buzzing in volatile lumber market

Through the pandemic rollercoaster, a northern Saskatchewan sawmill owned by Meadow Lake Tribal Council Industrial Investments LP managed to thrive and remain independent.

Tech company CBS expands global business solutions

Edmonton-based Convenient Business Solutions Inc. has become one of the world’s largest providers of optical engineering design services and tools, and builds online solutions across many industries.